GSTR 1 date for July 2017 to November 2019 extended to 17th January 2020
The GST council in its 38th meeting has recommended that the late fee waiver for the GSTR 1 for the period between July 2017 to...
Month : January 2020
Limit for appointment of Company Secretary has been increased from Rs. 5 Crores to Rs. 10 Crores
The Ministry of Corporate Affairs (MCA) has issued the notification on 03rd January 2020 in which the following changes have been introduced, which are as...
Extension of Form BEN-1 and BEN-2
The Ministry of Corporate Affairs (MCA) has extended the last date of filing of Form BEN-1 and BEN-2 from 31st December 2019 to 31st March...
ITR 1 and ITR 4 notified for the AY 2020-21
In a surprising move by the Income Tax Department, the ITR 1 and ITR 4 have been notified for the AY 2020-21. This is the...
Circular No. 130/49/2019-GST – Reverse Charge Mechanism (RCM) on renting of motor vehicles
On 31st December 2019, the Central Board of Indirect Taxes and Customs has issued the Notification no. 29/2019-Central tax rate regarding the RCM on renting...
Notification no. 29/2019-Central Tax Rate – Leviability of RCM on renting of motor vehicle services
On 31st December 2019, the Central Board of Indirect Taxes and Customs (CBIC) has issued the Notification no. 29/2019-Central Tax Rate for the leviability of...
Notification no. 28/2019-Central Tax Rate – Exemption of upfront fee payable for long term lease of industrial / financial infrastructure plots by an entity having 20% or more ownership of Central or State Government
To give effect to the recommendations of the 38th GST Council Meeting, the Central Board of Indirect Taxes and Customs (CBIC) has issued the Notification...
Notification no. 27/2019 – Central Tax (Rate) – Increase in rate of woven and non woven bags and sacks of polyethylene or polypropylene strips used for packing of goods
On 30th December 2019, the Central Board of Indirect Taxes and Customs has issued the notification in which the rates of the following items have...